Japanese Regulators Gives Back Coincheck Operating License

Coincheck, which was hacked in January 2018, losing altcoin tokens worth $530 million at the time, and now joins the increasingly steady number of officially sanctioned exchanges serving the Japanese market.

This is a major step for Monex Group an online broker, and Coincheck. Monex brough the exchange for a nominal $33.5 million in April. During the the interim period the developers have organized a refund of stolen coins to users.